Project Hunger Inc

Analysis

Project Hunger Inc is a registered charity in United States, based in Grand Island, NE. It received its IRS tax-exemption ruling in May 2023, 3 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Project Hunger Inc reported income of $136k and spending of $141k, spending 103% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $111k to $136k (+22%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Project Hunger Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within NE. Charities of a similar size with the same main cause include Jackson Ac Qalicb Inc ($136k), Main Street Fairmont Inc ($136k) and Boss Lady Economic Planning & Development Workforce ($136k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 34% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.